Sarasota News Leader

08/08/2014 & 08/15/2014

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Page 63 of 124

Suncoast Charities for Children has reported to the Sarasota County Commission that the 2014 Suncoast Super Boat Grand Prix Festival had a total economic impact on the commu- nity of $17,228,300, a 10.8-percent increase from last year's total of $15,549,300, accord- ing to an email from Lucy V. Nicandri, vice president of Suncoast Charities. "I am excited to share with each of you this year's Visitor and Economic Impact Study completed by Research Data Services (which is paid for by the charity so that an accurate analysis can be obtained)," she wrote in an Aug. 5 email. Among the other key findings, she noted, the festival generated an estimated 15,900 room nights, compared to 13,400 last year, and the com- bined expenditures of out-of-county attendees and participants was $9,574,300, also higher than the 2013 figure, which was $8,688.500. Nicandri added that 89.1 percent of the out-of-county attendees surveyed said they visited the area because of the race and festi- val, not because of July Fourth holiday plans. Additionally, 86.1 percent of them reported they plan to return next year, Nicandri wrote. Rachel Brown Hackney The Suncoast Super Boat Grand Prix Festival includes July Fourth fireworks over the Sarasota bayfront. Photo by Norman Schimmel SUNCOAST SUPER BOAT FESTIVAL HAS HIGHER ECONOMIC IMPACT NEWS BRIEFS

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